Topic: Reasons why ICOs fail - page 11. (Read 319618 times)
I do not think that you need more knowledge. Everything is now used in open access and most people understand that it is the theft of funds from ordinary people can really lead people to believe that the projects are scam.
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
I guess ICO's fail not because of the fact that the market is falling, or their market is not achieved or they cap is not reached. It was the incompetence of the team to win the market through good decision.
I think one of the reason is that the design and oerspective of the project is not good. Their project vision could not be met, and the audience impact or the people who enters their project has only few, even the telegram and other social media accounts are not tottaly active, then that ico is probably unsuccessful.
Ofcourse lack of investors this is the only one purpose that many of ICO projects get scammed and failed because of they don't reach the minimum amount of money they need to use in the project.
Marketing plays a great role in the success of an ICO, you will see some ICOs that has such a poor marketing plan or project plan that even bounty hunters would not want anything to do with them at all, talkless of investors.
I think more than half of them fail, and I'm almost sure that this is mainly due to the product itself!
It's because their lack of uniqueness and creativity... and most ICOs are abviously just doing it for the profit with no advocacy at all.. and also the team is also a huge factor.
i think that one of the big factor that ICO fail is because of the current market situation wherein investors are afraid to invest on a new project or they are holding their crypto and waiting for the next bull run, also most of the ICO nowadays failed to deliver its product.
First of all i would like to say that if there are 3.000 ICO projects, there are only 100 ideas mostly. I mean many ICO's are starts on the same idea. Unfortunately too many stolen whitepapers and using in different project again and again. I heard that one scammer using the same whitepaper in 4 different project and stoled peoples money. Howmany people reads the whitepaper before investing? Not too much right.. I am calling the scammers, please stop, you are killing our market, you are killing our hopes..
Only if it is worth ico, then it’s not a pity to invest. I don’t even understand how people invest in incomprehensible projects, which show what is written on the knee, and then complain.
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
ICO got more complicated with the new regulations coming in. This is why the model that Ontology is using might be adopted by more companies looking to raise capital without doing an actual ICO. Ontology has airdropped their coin and then later just sold some of the coins they held for themselves.
Most of the ICO project does not have future so on the initial basis people get into it and they realize that what they want to carry out is not feasible then they back out. Also of the ICO's tend to dupe others so most people are no longer interested in new ICO's.
The initial intentions of 80% of people creating ico is to scam people off their pockets, that's why you find many projects too serious and promising a lot than what they can provide even though they have a successful ico, the worst part is that most of them still list on exchange to sell the rest.
Many of ICO are fail and make investor loss the profit. And thats why many people say "ICO is not Good for Invested". But many of ICO is success and make investor get big profit. I think if we want to read a lot and make our self believe to the asset we want invested, we will gets big profit.
Every developers should understand one thing ,try to create a token or coin that has real reason of its existence ,there has to be a usefulness of the tokens you create ,it has to solve a new problem from the problems facing cryptocurrency not copycats of already existed projects then you will have full support of investors ,and one more thing is developers should be ready to deliver at best because challenges will come and your teams should be fully ready to face that
ICO is a great innovation that came to us from the blockchain industry. ICO offers freedom to those who had previously been forced to innovate in the harsh conditions of venture investment. This is an important alternative for those for whom expensive venture capital was not available.
A lot of times, I noticed with ICOs there's no actual or working product. This is why invested in EVOAI. They actually do have a working product that's currently being beta tested. On top of that, investors get paid by simply holding their tokens, due to the dividends or company's profit share.
There's a wide variety of ICO in the market, an investor with a sound mind would not choose those who does not have the potentialand if they have a working product that is good because it will add up to the value of the project, but people are more concern now on who
are the team behind the project.Having a product does not guarantee success, that's what I noticed also.
A lot of times, I noticed with ICOs there's no actual or working product. This is why invested in EVOAI. They actually do have a working product that's currently being beta tested. On top of that, investors get paid by simply holding their tokens, due to the dividends or company's profit share.
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
You are absolutely right about the ICO. But they die because of:From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
- fraud. Too many scammers divorced in ICO.
- copying. There is no problem to run the ICO, simply by copying from others. no uniqueness, but ultimately uselessness.
There are many ICOs out there, but more than 50% of them fail.
From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
You are absolutely right about the ICO. But they die because of:From my analogy, could this be the reasons why ICOs fail?
1. Being too complicated:
If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience.
2. No unique Use case and lack of creativity:
The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case
So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?"
I believe the list continues.
- fraud. Too many scammers divorced in ICO.
- copying. There is no problem to run the ICO, simply by copying from others. no uniqueness, but ultimately uselessness.
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